Bitcointalk coinye

Rapper Kanye West has managed to kill an altcoin named in his honour, six months after it was launched by a team of developers. Called Coinye West, the altcoin was subsequently renamed Coinye in an attempt to continue its business activities even in the face of legal pressure. The developers envisioned Coinye as a fun and simple altcoin for the hip-hop community, and even tweeted news about its development to the rapper in the hopes he would embrace the concept. This plan backfired, however, as Kanye West sued the Coinye team on 8th January , starting a lengthy legal process that has been ongoing since this time.

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Coinye West: 5 Fast Facts You Need to Know

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Download Now Download Download to read offline. Altcoins an alternative currency primer Mar. Alternative inverstments.

Mauricio Archibold Follow. Test Subject at Aperture Science. Bitcoins and Altcoins: Privacy in a decentralised world. Traperos emaus trujillo terminado.

Real Estate Business in Sylhet by moez ansary. Claves para elegir una vivienda vacacional. Related Books Free with a 30 day trial from Scribd. The Intelligent Investor, Rev. Related Audiobooks Free with a 30 day trial from Scribd. Altcoins an alternative currency primer 1. Lamont Weaver 2.

All Rights Reserved. No part of this publication may be reproduced in any form or by any means, including scanning, photocopying, or otherwise without prior written permission of the copyright holder. Lamont Weaver 3. Chapter One- Beyond Bitcoin Welcome early adopter. If you are reading this book, I assume you are familiar with bitcoin, the new digital cryptocurrency. Maybe you have a nice stash of bitcoin, but are also intrigued by the additional opportunity of the exciting, new, alternative cryptocurrencies, also known as altcoins.

This book is to familiarize you with the altcoin trading world and not to teach you about bitcoin or bitcoin basics. I assume that you are familiar with wallets, the blockchain and mining. This book is strictly about altcoins: how to get into the scene, how to buy and sell altcoins, and how to pick the right altcoins and avoid the stinkers. This book shows you how to profit from the altcoin explosion. What are alternative cryptocurrencies? Alternative cryptocurrencies are essentially copycats of bitcoin, the original cryptocurrency.

A cryptocurrency is a digital currency based on a cryptographic protocol for secure transmission over a decentralized network. The software is open sourced, which means it is freely available to anyone. Developers have used the open source bitcoin software to make their own clone coins to try to mimic the success of bitcoin. Why do I want a copycat of bitcoin? I recommend everyone have some bitcoin, but most people can only afford so much and bitcoin are expensive.

Consequently, many people gravitate to altcoins looking for bitcoin-type returns with less outlay of hard-earned cash. In , bitcoin became a worldwide phenomenon with money pouring in from all around the globe and the price skyrocketed. This trend is expected to continue into and some expect to be the year of the true bitcoin explosion.

Surprisingly, the very best investment of was not bitcoin, but an altcoin. This type of explosive growth is fueling the snowballing avalanche of money pouring into altcoins.

That kind of spectacular investment return has attracted not only buyers from all over the world, but it has spawned competitors, lots and lots of competitors. At the time of the writing of this book, there are hundreds of bitcoin clone coins vying for attention and investors. By the end of , there will probably be more, as it seems there is a new coin released every day. The alternative cryptocurrency world is very exciting and early investors could be in for quite a ride!

The rush of investors into altcoins continues to snowball and big money is flooding into these new currencies. I expect the deluge of investment into altcoins to reach a fever pitch in and some of the altcoins will provide incredible investment opportunities. The problem is, which ones? Before you invest your money into any altcoin, take the time to do some research on the Internet and immerse yourself in the cryptocurrency corner of the Internet. This is the place where most new coin releases are announced and new coin giveaways occur.

The original announcement of the release of each coin, which will always be preceded with [ANN] on the forum thread, can grow to hundreds of pages of responses if it is a popular coin. Or, the announcement can only have a few pages of responses if the altcoin is getting no love. The [ANN] announcement forum thread is one of the most important sources of information about a particular altcoin. Check this forum often to keep up with the latest happenings or to research any altcoins you are thinking of investing in.

Always read whatever is available about an altcoin on the bitcointalk forum before thinking about buying it. There are many sub-Reddits dealing with altcoins and cryptocurrencies and additionally, any popular altcoin will usually have its own sub-Reddit, which you can find by searching for the name of the altcoin on Reddit search.

Reddit is a great source of information and a good way to stay on top of the fluid, fast moving altcoin space. Here are a few of the altcoin Reddits: a. There are hours of research material available on hundreds of altcoins. Some new coin releases are announced here instead of, or in addition to, bitcointalk. If there are lots of tweets about your altcoin, that is very good and indicative of good buzz about the coin.

However, silence can speak volumes also if there are no tweets, only old tweets, or few tweets about an altcoin. Search example: input 7.

Twitter is especially useful if you notice a movement in the price of an altcoin and you want to check out what is happening real time. Also, get yourself a Twitter account and follow altcoin and cryptocurrency people for information. There are many, many more. It has a live chat window that can provide some useful information about altcoins. It is mostly full of trolls trying to manipulate the market by yelling crash and sell or to the moon and buy. It can be good entertainment though, and sometimes you can pick up an interesting tidbit of information about an altcoin.

Or, at the least you will see which altcoins are being talked about. Hopefully, it is completed, and it may be of use in the future. Coinmarketcap lists the top altcoins by market capitalization.

It also lists the current price and so it is a great place to quickly check on a few of your favorites easily. Cryptocoincharts also features charts of the altcoins where you can see the historic movements of the coin and track the volume. The freshest. These exchanges are businesses that provide digital currency exchange services for a small fee. On the altcoin exchanges you can buy and sell many different alternative currencies.

Currently, you must first purchase bitcoins and use bitcoins to buy altcoins on the altcoin exchanges. The exception is Crypto-trade, but it offers only limited altcoins available for trade. Cryptsy promises U. The account is free and you can link the Coinbase account to your bank account and buy bitcoin. You can buy a half, a quarter or even a tenth of a bitcoin to get started trading altcoins if you want to begin slowly.

The Official(est) Coinye Site

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All this bitcoin talk got us talking this past week, mainly about the story of Kanye West getting his own virtual currency, “Coinye.”.

Bitcoin duplicate inspired by Kanye West launches to avoid legal action

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Multiple FlappyCoin currencies launch. Fight!

bitcointalk coinye

Just days after Chicago rapper Kanye West dispatched his legal team against the creators of the script-based cryptocurrency Coinye, formerly Coinye West, the altcoin's development team has officially folded its launch plans. West's legal team previously sent the Coinye development team a cease-and-desist letter that suggested that the altcoin's branding, featuring a cartoon image of the rapper, created a likelihood of confusion that would lead buyers to believe West was affiliated with the project. In response, Coinye's team altered its design in homage to the South Park episode "Fishsticks," in which West realizes he is a gay fish. The tongue-in-cheek letter requested that West's lawyers stop the "constant harassment and scare tactics" and called into question the applicability of West's trademarks in the case. Still, while the debate amused observers, the currency's abrupt decision to close affected some users.

NXT is an open source cryptocurrency and payment network launched in by anonymous software developer BCNext.

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There are many unknown and weird digital currencies floating around that are used in most innovative and bizarre ways. Although the cryptocurrencies have been around for almost a decade, it is until recent that these currencies have received tremendous appreciation from the market. The blockchain technology and its features such as anonymity, security and immunity from the Government manipulating the prices, is what seems to be the driving force behind the astronomical rise of these cryptocurrencies. The growth of Bitcoin and its underlying technology however inspired the development of alternate cryptocurrencies often known as altcoins. What is interesting though is there are many unknown and weird digital currencies floating around that are used in most innovative and bizarre ways.

Coinye: Sued and Scolded, but Still Alive

Update: CoinYe has launched early. Cryptocurrency - the namesake given to online-based forms of payment like Bitcoin - had a that went up and down more vigorously than Justin Bieber riding cowgirl in a South American brothel. This was the year Bitcoin went beyond the bedrooms of Silk Road proficient teenagers and into the dining-room discussions of proper, grown adult drug-addicts. At least five other notable cryptocurrencies exist: Ripple, Litecoin, Peercoin and Namecoin all rep non-tangible cash flow. Since a Shiba with a limited vocabulary can have their own a coin, the opportunities for variations are as endless and ludicrous as the idea of Lil Wayne opening his own theme park. The newest iteration, CoinYe West , is evident of how the lunacy can stretch. Follow Ryan on Twitter: RyanBassil. Sign In Create Account.

members in the CoinyetheCoin community. The place to be for all your Coinye needs and Gayfish shenanigans!

Kanye West Sues Coinye Altcoin into Oblivion

It uses a public distributed ledger with privacy-enhancing technologies that obfuscate transactions to achieve anonymity and fungibility. Observers cannot decipher addresses trading monero, transaction amounts, address balances, or transaction histories. The protocol is open source and based on CryptoNote , a concept described in a white paper authored by Nicolas van Saberhagen.

Kanye West's Legal Team Take Down Spoof 'Coinye' Altcoin

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Although you should know better than to download dubious software from dubious sites, here are the download links to the wallets.

Just to break these deets down a bit more: Coinye West or KanyeCoin to put it simply will have a total of about billion coins, each block will contain , KanyeCoin or to use the symbol COYE. The blocks will get harder to mine every 12 hours to prevent the coin from being too quickly mined. The Wall Street Journal reports :. Essentially, like all cryptocurrency, Coinye is mined using certain cryptographic properties, distributed to miners, and will inevitably Most Popular. Sure, in terms of functional properties peer-to-peer, decentralized this is true, but the more accurate comparison is to Litecoin, since Coinye as seen above uses the Scrypt algorithm, NOT SHA, what Bitcoin uses.

Coinye was a crypto project named after hip-hop artist Kanye West. They probably meant no harm. When the development team launched Coinye West in , their goal was to create a cryptocurrency for the hip-hop industry.

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  1. Tutu

    I apologise, I too would like to express the opinion.

  2. Karim

    Quite right! The idea is good, I support it.

  3. Phillipe

    No time for love now, fin. crisis is a serious thing

  4. Idris

    I beg your pardon that intervened ... At me a similar situation. I invite to the discussion.